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APPLEBEE'S (BEAVER DAM, WI)
115 E Industrial Drive,
Beaver Dam, WI 53916
Price: $2,355,000
CAP Rate: 6.75% 
Leasable Area: 7,488 SF
Status: Available 
Lease Type: Absolute Triple Net (NNN)
Lease Term Remaining: 20 Years from COE
Guarantee: Franchisee (***Ask Broker for Details)
NOI: $158,962 / Year
INVESTMENT HIGHLIGHTS
 
  • Purchase Includes 2 Successful Tenant Brands | Dual & Synergistic Tenant Mix Allows for High Performance between each brand
 
  • Long Term NNN Lease | 20 Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
 
  • Attractive Rental Increases | 1.50% Annually and Four (4) Tenant Renewals Periods of Five (5) Years each
 
  • Successful Applebee’s Operator | 40+ Units with Low Rent to Sales Ratio
  • Low Rent to Sales Ratio | Experienced Operator ensures safety and security of the brand and demonstrates Tenant’s Ability to Pay Rent
  • Pizza Hut Operator of 40+ Units with Total Gross Sales of $50 Million
  • Surrounding Successful Tenants | Traffic Exceeding: 15,000 Cars Per Day
  • Neighboring Tenants: JOANN Fabrics, McDonalds, Verizon, Sears, Staples, Taco Bell, Aldi, and several more.

Lead Agent: 

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Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

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